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Mikeapollo's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:50pm On Feb 10
pluto09:
It is not a lie and it is not a fallacy.
I didn't respond to that because I believe you have already made up your mind on what you believe.
You can educate me. You may have superior facts which may change my mind/opinion.
Since you are now defending the govts. (I am not referring to the current BAT/APC govt alone; they started telling those lies from OBJ/PDP era)
Politics › Re: Amaechi: My Son At The Protest Was There To Provide Medical Support by mikeapollo: 1:44pm On Feb 10
Racoon:
After Buhari casted and dumped him as a trashcan. Rotimi Amaechi betrayal because of political power is one of his worst undoing. Meanwhile Wike has refused to learn.
Stop the silly lies and ass licking!
Buhari did not cast anybody.
Amaechi disagreed with Tinubu even when he was minister in Buhari's govt.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:25pm On Feb 10
pluto09:
Education is still being subsidized in our country.
I agree. I only used it as an example to make the point that subsidy does not have to go entirely directly to the people that need it most. It is a fallacy, a lie that has been sold to the people and unfortunately, many have believed and accepted it as ''truth''
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:08pm On Feb 10
pluto09:
I don't think there is anyone in Africa that said subsidy is bad.
The problem most times is the application and affordability.
Subsidy should go directly to people that need it most and the country should also be able to afford it. It is economic suicide to be borrowing money to pay subsidy.
This is one of the lies that they have used to deceive the people.
There is no where in the world where subsidy goes entirely directly to the people that need it most.
When subsidy is given, the benefit is usually for the general populace. When Agric, transportation services are subsidized in the US or Europe, everybody enjoys the passthrough effect, both the rich and poor. Rich men use the same transport system and consume the same farm produce that the poor consume. The focus is that the poor who are in the majority should benefit more, even if some rich people also benefit. Free or subsidized education is another example.

Our govt has successfully deceived the people by making many to believe that subsidy is not going directly to the people that need it, hence it must be abolished. For instance, were the ordinary citizens buying fuel at cheaper rates not enjoying it? Which poor man is better buying fuel at N1,000 instead of N200?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:50pm On Feb 10
Ginalex:
No play with Megawealth1 o. I can list at least 3 of his stock picks that have over delivered

Deapcap at below 1 naira
PZ at below 35 naira
NB at 29
MTN at 181... So I believe d!e say Unity go deliver. Don't play!
Thanks a lot.
It is advisable we have a fair idea of the track record and antecedents of people on this platform, before we start ascribing some tendencies to their name/words/actions.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:35pm On Feb 10
emmanuelewumi:
Do you know the number of people that businesses create employment and business opportunities to? Eg employees, contractors, suppliers and other service providers.


Do you know that they also have a budget for Corporate and Social Responsibilities.


It is when a country is well managed that they can have the surplus to provide subsidies to the less privileged
Subsidies are meant for redistribution of income, reducing poverty, improving standard of living etc and must not necessarily come from ''surplus''. The US, UK, etc. all have subsidies for their transportation, Agric. sectors etc. They even have food banks for people who are hungry to go collect free food to eat.
But we Africans are becoming increasingly influenced to believe that any form of subsidy is bad or unnecessary
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo:
STNWAUME:
Why not say you were trapped in UNITYBK huh
Na wa ooo
By the way, I can count about 7 (or more) stock recommendations by @Megawealth in the last 1 year and each one has delivered more than 100% gain.
The most recent is Deapcap; he recommended it at less than N1 towards end of 2025. Today, it is selling at N8.25k (700% gain).
So I am the one ''trapped'' in it now, and I am enjoying it. grin grin grin
I am looking forward to be seriously trapped in Unity Bank as well (even NGX common sense should tell us that a newly listed Providus-Unity Bank will gain in price after listing)
Politics › Re: Amaechi Joins Protesters At National Assembly Over Electoral Act (Video) by mikeapollo: 11:53am On Feb 10
TimiofAbuja:
this guy just wants to be in power at all cost
Shut it, please.
Tinubu did more than that when he was in opposition
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:50am On Feb 10
megawealth01:
Just UNITY BANK the very day they resume trading
Thanks
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:48am On Feb 10
megawealth01:
Those buying/selling Nigeria stocks at their current prices I just hope you are aware of the politicking of this 2026 in preparations for the uncertainties of the PRESIDENTIAL ELECTION etc...

I'm just sharing a thought
My guy, thanks for the heads up.
What are you dropping for guys in 2026?

I am still riding DEAPCAP like a horse on steroids! grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:17am On Feb 10
KarlTom:
Do you realize that [economically speaking] most of what DJT is clamouring for is reduction in debt?

@the bolded, I grin grin grin
Anyway, I am not an economist, so I humbly rest my case... smiley
DJT wants US to be dominant and inward looking in all spheres. And he doesnt want US resources to be used to aid and develop other countries to achieve greatness. The debt is secondary.

Anyway, you have your points
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:44am On Feb 10
KarlTom:
The ''mighty' USofA is heavily indebted (about $38tn)...
Yeah, I agree.
But USA is a unique case, not a very good example of sovereign debts. They have the singular privilege of the debt being denominated in their national currency. So they do not necessarily have to produce and export before they can repay. They can virtually decide to print the dollars and use it to pay their debts. (theoretically speaking, quantitative easing).
So no country should ''farawe'' or do follow follow with US on foreign debts
Car Talk › Re: Why Are Honda Vehicles Always Doing This? (Photo) by mikeapollo: 10:32am On Feb 10
Pauldollars:
Are there Solutions to this problem with Honda vehicles in newer models?
Simply engineering failure.
One major reason I vowed not to buy Honda cars, especially Accord models
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:30am On Feb 10
Agbalowomeri:
So NGX never blow reach, all the way from 45k?
grin grin
The one that enters my pocket is what matters ooo
I don't necessarily benefit when Otedola or Elumelu pump and dump their shares to blow NGX
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:21am On Feb 10
Agbalowomeri:
Seems you don't understand that the level of your foreign reserves correlates well with the standard of living that you are advocating for. Why do you think the economy is stabilising
Agba!!!
Positivity galore for the economy!
But when it gets to NGX, you tighten your face. Hope you are also positive that NGX go blow this year and Access and other stocks go hit 100%
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:00am On Feb 10
Agbalowomeri:
So Dangote should have sold his companies to build the refinery instead of the crazy borrowings grin
The effects and implications of borrowings are not exactly the same for a sovereign (national govt) and a corporate entity.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:32am On Feb 10
chimex38:
#On numbers
We don't have depth yet on NGX. So much money chasing few stocks and liquidity; even the dead ones will rise again.

Also our economy hasn't been stable yet on so many fronts for easy predictions and forecast. Hence so many forecasts might dissapoint.

Our import dependent economy also renders the numbers a bit redundant since internal businesses largely depends on external economy and international markets happenings to opererate.


Going forward,
-if the tax issues are harmonized,
-forex becomes less fluctuating,
-We have an export trade surplus,
-Improve self sufficiency gap in major raw materials input for industries,
-More market depth- listing of companies that highly correlates NGX input with our GDP
-Improved spread, float and liquidity on some stocks,

then we will have much more aligned stocks whose numbers closely predict forecasts on an economy with little impact from internal and external shocks.

But for now, it works if applied to stocks that align +vely with it.
The situation is to identify those that are more tilted towards the numbers by the MM.
and apply others metrics like TA, sentiment,etc heavily for other stocks.
Yeah,
Politics › Re: Four Superhighways Being Built By President Tinubu Cutting Across All Zones by mikeapollo: 9:28am On Feb 10
abc115:
Four legacy projects started by this administration are all superhighways.


Source
Why not talk about the highway of poverty that Tinubu has unleashed onto the life of Nigerian masses as well.
Politics › Re: Petrol Importation Resumes To Close Local Refinery Supply Gaps – Marketers by mikeapollo: 9:15am On Feb 10
Kukutente23:
https://nairametrics.com/2026/02/09/petrol-importation-resumes-to-close-local-refinery-supply-gaps-marketers/
It is a lie. They just want to keep importing because of the quick profits and inherent corruption.
When did the nation experience any fuel scarcity or shortage as a result of lack of capacity by Dangote refinery before they decided to import more fuel?
Politics › Re: Fubara, Wike Meet With Tinubu In Abuja by mikeapollo: 4:51pm On Feb 09
Vixlot:
https://thenationonlineng.net/breaking-tinubu-meets-wike-fubara-rivers-leaders-in-aso-villa/
Tinubu only giving priority to election matters while the whole country is burning due to insecurity
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:32pm On Feb 09
KarlTom:
ARADEL. +2.44%
CONOIL. -4.73%
ETERNA. +6.45%
OandO. +0.13%
Kindly reconfirm: I am seeing Oando did +1.65% today on some other platforms, including Stock bubbles
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:24pm On Feb 09
Malubi:
Can i have list of good stock brockers please
https://ngxgroup.com/exchange/trade/becoming-an-investor/find-a-broker/

See the list above.
You may want to do some due diligence and consider factors like office location address, means and ease of transacting business, online platforms to monitor trade, etc to pick your choices.
Foreign Affairs › Re: Mahama Recalls Ghana’s High Commissioner To Nigeria Over Alleged Vote Buying by mikeapollo: 2:14pm On Feb 09
Helinuss:
Apc left the group. Bunch of idiots
grin grin grin
My brother, take am easy.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:12pm On Feb 09
awesomeJ:
No thanks, you need the luck more, i never need any luck[b][/b].

you can hoard all the dollars you want, it's your money.
huh
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:03pm On Feb 09
nosa2:
The days of the Naira always falling against the Dollar are gone. Over the next few decades we are going to witness strengthening of the Naira or stability against the Dollar
AMEN! AMEN!! AMEN!!!
It will be to my advantage if it happens.
But I have listened to thousands of such prayers/assurances before and I recall that Alh. Dangote even warned that FGN should do everything possible so that dollar does not get to N500.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:57pm On Feb 09
awesomeJ:
again, you stand to lose big if you don't update this your outdated information.

what was the balance of payment in 2022, what was it in 2025? you want to use 2022 informationto trade in 2025, and you expect to much success[b][/b]huh??
So your horizon is only from 2022-2025? And that explains all you know about the economic history of Nigeria?
You seem not to know that Nigeria may even ''do everything right'' and the naira may still depreciate against the dollar because other actions/initiatives can be taken by US govt which are not under the control of FGN.

I can see that your choice of words about the other person is always in a particular direction.....
.
I am done with you on this matter.
Wish you best of luck
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:49pm On Feb 09
awesomeJ:
cALLING out someone's factual naivety is simply in their own best interest. condescending is only your perception.
The picture you painted is irrelevant given that the guy didn't say he was buying USD for his own obligations, he simply was ignorantly bearish on the currency and advising people to join his bandwagon with no basis.
This is not the end yet of currency movements; things can change a few months from now. Let's be circumspect in the choice of words, especially when it is derogatory.
Nobody knows it all. NSEMPA is not IMF nor WB boardroom..
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:42pm On Feb 09
crownprince2017:
What are the chances of those if happening?
The chances are high.
Nigeria operates a less diversified, import dependent economy, so it is prone to revenue and hence exchange rate fluctuations
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:21pm On Feb 09
crownprince2017:
I think the argument should be the reason for the dollar coming down based on the people that believed it was not achievable then.
Is it being defended or it's just fundamental which was the basis of arguments then.

Personally, would you rather bet on Dollar or against the dollar today.
It would depend on the purpose and the time horizon.
In the short-term, the dollar is not expected to be too strong because of some domestic issues in the US, geopolitics etc
In the long run, I would favour the dollar as the naira may be affected by various factors e.g. if US raises their interest rates, if govt revenue or oil price/volume goes down, which may force govt to devalue, socio-economic instability, etc
Politics › Re: Ondo Ogun Section Of Lagos Calabar Coastal High Way by mikeapollo: 1:11pm On Feb 09
The president of Ghana is transforming the roads in all the 16 regions in Ghana using a budget of $10billion( approx. N14trillion) over a period of 5 years.
The president of Nigeria is using N15rillion to build a single road from Lagos to Calabar.
The roads in Ghana will definitely contribute more to the development because they are linking all the regions thereby boosting economic activity with higher multiplier effect, than the one being constructed in Nigeria.
Education › Re: Should I Travel To UK For Msc Or Start A Business In Nigeria? by mikeapollo: 1:04pm On Feb 09
Naya261:
I am planning of travelling to the UK for my Msc programme. My main purpose of travelling is as a means of jakpa not that I really need the Msc. I sold the land i bought in Asaba in 2018 for N22m. I plan to use the money for the tuition fee deposit ( £5,000) and other travel expenses. The complete tuition fee is £15,330. I will study and work in other to pay the remaining balance.

My plan is to remain in the UK and work after my study. Please I need your advice.
Go to Germany or Austria instead, if you are interested
Reasons:
1. A lot of courses/programmes taught entirely in English in a lot of universities
2. very low of free tuition, so you save big on your tuition fees
3. you have the chance to stay and work after your studies.
4. Germany's economy is the biggest in Europe and offers more job opportunities.
5. more stable immigration rules, so you can plan better. Not like UK where they change the rules every now and then
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:53pm On Feb 09
awesomeJ:
Too early for you to make wrong conclusions.

Anyone who was preaching hoarding dollars in 2025 was clearly inexperienced. It's a simple fact, you seeing a derrogation there is purely your opinion.
Are you aware of the purpose and how long (time horizon) for which the person is holding the dollars?.
What would you say if for instance, the person is hoarding the dollars to pay future school fees in 2030 and it gets to N1,800 by then?
Nobody can predict with certainty, hence no one should boast or sound condescending or derogatory

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